2 ms·
Fiat currencies use proof of military power (war) as their security system. As an example you think USA would allow Kim Jong Un to issue US bonds (like he does
by xiphias 9y ago
Fiat currencies use proof of military power (war) as their security system.
As an example you think USA would allow Kim Jong Un to issue US bonds (like he does with Bitcoin)?
I much prefer the energy cost to military cost (that's why mining over Tor / satellite system is so important)